The Commonly Accepted Theory About Fascism

“The commonly accepted theory that fascism originated in the conspiracy of the great industrialists to capture the state will not hold. It originated on the Left. Primarily it gets its first impulses in the decadent or corrupt forms of socialism—from among those erstwhile socialists who, wearying of that struggle, have turned first to syndicalism and then to becoming saviors of capitalism, by adapting the devices of socialism and syndicalism to the capitalist state. The industrialists and nationalists joined up only when the fascist squadrons had produced that disorder and confusion in which they found themselves lost.”